| Objective | Status | Assigned to | Comments | Completion Date |
|---|
| Issue RFP and award a contract for accounting services to assist in the addressing ongoing accounting issues | Completed | | Executed Contract (FY 23 MIP Funding $500k) | Dec-22 |
| Clearing accounts reconciled within 7 days of end of each month | In Progress | | Completed on time each month | Jun-23 |
| Bank accounts reconciled within 7 days of end of each month | In Progress | | Completed on time each month | Jun-23 |
| Monthly closing entries posted within 7 days of end of each month | In Progress | | Completed on time each month | Jun-23 |
| Month closed by the 10th day of each month | In Progress | | Completed on time each month | Jun-23 |
| Credit card account reconciliations | In Progress | | Completed on time each month | Jun-23 |
| Revise and update Business Procedures Manual | In Progress | | Completed on time each month | Jun-23 |
| Statement of Revenues, Expenses and Changes in Net Position by 10th of each month | In Progress | | Completed on time each month | Jun-23 |
| Statement of Net Position by 10th of each month | In Progress | | Completed on time each month | Jun-23 |
| Annual Financial Statement Analysis | In Progress | | *1. Current Ratio
*2. Composite Financial Index Scores exceeding industry standard | Jul-23 |
| In Progress | | *3. Improving Score on College Market Stress Test |
| In Progress | | *4. Improving Accounts Payable Turnover Ratio |
| In Progress | | *5. Increase in Unrestricted Net Assets less Capital Assets and Pension Impact |
| In Progress | | Completed on time each month | Jun-23 |
| In Progress | | Completed on time each month | |
| In Progress | | Completed on time each month | Jun-23 |
| In Progress | | Completed on time each month | Jun-23 |